Parliamentary Finance: The price of a barrel of oil in the budget will remain at $ 56

The parliamentary Finance Committee confirmed on Friday that the price of a barrel of oil in the budget was installed at $ 56, indicating that the studies sends assurances about the rise in the price of a barrel to more than 56 dollars in the coming days.

“The price of a barrel of oil in al-Mawanah was fixed at $ 56, despite the fact that there were claims to reduce it to about the figure mentioned because of the low prices in the oil market,” said Siham al-Aqili, a member of the committee.

“The stabilization of the price of a barrel of oil in the budget was the result of studies and indicators of the resumption of the rise in the price of a barrel of oil during the current year to more than $ 56, and therefore there are no fears of increasing the proportion of the budget deficit.”

She explained that “the parliamentary finance committee is discussing with the other competent authorities to increase and maximize non-oil imports and reduce the high expenditures of some ministries and the transfer between the doors of the budget.”

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